Whinstone | Jotup

Innovators Revel in the Rapidly Evolving Cryptocurrency Market

Retrieved on:

Friday, September 24, 2021

NEW YORK, Sept. 24, 2021 /PRNewswire/ -- The cryptocurrency market is ever evolving and growing more complex.

Key Points:

NEW YORK, Sept. 24, 2021 /PRNewswire/ -- The cryptocurrency market is ever evolving and growing more complex.
In addition, the Company anticipates a breakout record quarter for the three months ending September 30, 2021.
Hosting Power Deployment.Management conducted site visits to its primary Southeastern US cryptocurrency mining hosting site earlier in the week.
The joint venture, FD LLC, is expected to carry out crypto-currency mining operations and construct an international standardized Digital Super Computing Custody Operation Center.

Innovators Revel in the Rapidly Evolving Cryptocurrency Market

Retrieved on:

Friday, September 24, 2021

NEW YORK, Sept. 24, 2021 /PRNewswire/ -- The cryptocurrency market is ever evolving and growing more complex. Now, government agencies are pushing for more regulations because of how popular digital currencies have become. According to the New York Times, cryptocurrency grew from a digital curiosity into a volatile but widely embraced innovation, and federal regulators are racing to address the potential risks for consumers and financial markets. "Their concerns have only grown as both new and established firms have rushed to find ways to profit from bringing the massive wealth held in cryptocurrency into the traditional financial system through quasi-banking services like interest-bearing accounts and lending," the Times indicate. A cryptocurrency is a digital asset that utilizes computer code and blockchain technology to operate somewhat on its own, without the need for a central party — be that a person, company, central bank or government — to manage the system. ISW Holdings Inc. (OTC: ISWH), Riot Blockchain, Inc. (NASDAQ: RIOT), Marathon Digital Holdings, Inc. (NASDAQ: MARA), SOS Limited (NYSE: SOS), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT)

Key Points:

NEW YORK, Sept. 24, 2021 /PRNewswire/ -- The cryptocurrency market is ever evolving and growing more complex.
In addition, the Company anticipates a breakout record quarter for the three months ending September 30, 2021.
Hosting Power Deployment.Management conducted site visits to its primary Southeastern US cryptocurrency mining hosting site earlier in the week.
The joint venture, FD LLC, is expected to carry out crypto-currency mining operations and construct an international standardized Digital Super Computing Custody Operation Center.

Blockchain Tech Appears in a Myriad of Financial Applications

Retrieved on:

Friday, September 10, 2021

TD Holdings, Inc.(NASDAQ:GLG), Riot Blockchain, Inc. (NASDAQ: RIOT), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), SOS Limited (NYSE: SOS), CleanSpark, Inc. (NASDAQ: CLSK)

Key Points:

TD Holdings, Inc.(NASDAQ:GLG), Riot Blockchain, Inc. (NASDAQ: RIOT), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), SOS Limited (NYSE: SOS), CleanSpark, Inc. (NASDAQ: CLSK)
Business and major corporations have become much more open to investing in blockchain.
Pursuant to the Agreement dated September 8, 2021, both parties agree to share blockchain technology related information and jointly apply blockchain technology in the supply chain financing and digital cloud warehouse business.
GWBT also agrees to provide the Company with technical equipment and consulting services regarding tracing and financing of supply chain.
FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform.

Blockchain Tech Appears in a Myriad of Financial Applications

Retrieved on:

Friday, September 10, 2021

NEW YORK, Sept. 10, 2021 /PRNewswire/ -- Blockchain, the technology behind the cryptocurrency craze, is becoming more and more popular thanks to its potential to optimize operations in various fields of business. It is a type of distributed ledger system, providing enhanced security to the real time digital economic process, and is comprised of blocks of digitally recorded data. Generally, the blockchain market is segregated based on "type" such as Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Supply Chain Management, and GRC Management. Applications built with this technology are utilized in governmental agencies, the healthcare industry, as well as in media, retail, hospitality and energy sectors, amongst others. Overall, the global blockchain market is expected to grow by USD 15.1 Billion by 2024, and at a CAGR of 69.3% according to Market Research Engine. TD Holdings, Inc. (NASDAQ: GLG), Riot Blockchain, Inc. (NASDAQ: RIOT), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), SOS Limited (NYSE: SOS), CleanSpark, Inc. (NASDAQ: CLSK)

Key Points:

TD Holdings, Inc.(NASDAQ:GLG), Riot Blockchain, Inc. (NASDAQ: RIOT), HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT), SOS Limited (NYSE: SOS), CleanSpark, Inc. (NASDAQ: CLSK)
Business and major corporations have become much more open to investing in blockchain.
Pursuant to the Agreement dated September 8, 2021, both parties agree to share blockchain technology related information and jointly apply blockchain technology in the supply chain financing and digital cloud warehouse business.
GWBT also agrees to provide the Company with technical equipment and consulting services regarding tracing and financing of supply chain.
FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform.

Revenues Soar for North American Miners Following China's Crypto Crackdown

Retrieved on:

Tuesday, September 7, 2021

Before the crackdown, China held the helm of bitcoin production generating about half of the world's total output.

Key Points:

Before the crackdown, China held the helm of bitcoin production generating about half of the world's total output.
The crackdown has made it easier for global miners to source miners competitively, expand their operations, and reduce the cost of producing bitcoin.
The company increased the number of miners deployed to 19,395 and held approximately 5,784 bitcoin as of June 30, 2021.
The crackdown also allows Bitfarms to source miners competitively and leverage its infrastructure and capabilities to expand even further.

Revenues Soar for North American Miners Following China's Crypto Crackdown

Retrieved on:

Tuesday, September 7, 2021

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- China's crackdown on bitcoin mining has given miners outside China tremendous opportunity and bitcoin miners around the world have jumped on the opportunity to expand their operations. Before the crackdown, China held the helm of bitcoin production generating about half of the world's total output. The crackdown has made it easier for global miners to source miners competitively, expand their operations, and reduce the cost of producing bitcoin. Hello Pal (CSE: HP) (OTCQB: HLLPF), Marathon Digital Holdings, Inc. (NASDAQ: MARA), Riot Blockchain, Inc. (NASDAQ: RIOT), HUT 8 Mining Corp. (NASDAQ: HUT), and Bitfarms Ltd (NASDAQ: BITF) (TSXV: BITF) have been major beneficiaries of the crackdown as their earnings reports show an increase in bitcoin production and revenue.

Key Points:

Before the crackdown, China held the helm of bitcoin production generating about half of the world's total output.
The crackdown has made it easier for global miners to source miners competitively, expand their operations, and reduce the cost of producing bitcoin.
The company increased the number of miners deployed to 19,395 and held approximately 5,784 bitcoin as of June 30, 2021.
The crackdown also allows Bitfarms to source miners competitively and leverage its infrastructure and capabilities to expand even further.

Easing Regulations Give an Impetus to Relocating Crypto Miners

Retrieved on:

Thursday, September 2, 2021

NEW YORK, Sept. 2, 2021 /PRNewswire/ -- The cryptocurrency market is constantly evolving, and not just due to new technologies, but new regulations and politics as well. For example, earlier this year, after the crackdown of the Chinese government on crypto mining, Bitcoin miners in China have begun looking to relocate their operations to U.S. states like Texas, South Dakota and Tennessee, The Washington Post reported. The U.S. in now the new hub of the Bitcoin mining market. In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's Bitcoin miners as of April 2021. That's a 151% increase from September 2020, according to CNBC. ISW Holdings Inc. (OTC: ISWH), Riot Blockchain, Inc. (NASDAQ: RIOT), Bit Digital, Inc. (NASDAQ: BTBT), Sphere 3D Corp. (NASDAQ: ANY), The OLB Group, Inc. (NASDAQ: OLB)

Key Points:

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's Bitcoin miners as of April 2021.
Yet, some companies in the crypto and blockchain market have taken steps to improve the situation.
The miners there are now running at 90 percent operational efficiency, bringing its hashrate at this location to 54000 TH/s.
Crypto commerce is becoming increasingly popular with merchants and consumers, and OLB is striving to make it accessible to all."

Easing Regulations Give an Impetus to Relocating Crypto Miners

Retrieved on:

Thursday, September 2, 2021

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's Bitcoin miners as of April 2021.

Key Points:

In fact, it is the second-biggest mining destination on the planet, accounting for nearly 17% of all the world's Bitcoin miners as of April 2021.
Yet, some companies in the crypto and blockchain market have taken steps to improve the situation.
The miners there are now running at 90 percent operational efficiency, bringing its hashrate at this location to 54000 TH/s.
Crypto commerce is becoming increasingly popular with merchants and consumers, and OLB is striving to make it accessible to all."

Recent Growth Has Reenergized Cryptocurrency Investors

Retrieved on:

Wednesday, August 25, 2021

Avalon, BTC, Miner, Privacy policy, Instagram, Social media, Partner, Privacy, MNI - Market News, Peta, Research, Agreement, Advertising, OTC, Partnership, Cooking, News, Digital, Maintenance, ISW, Running, Time, Policy, Good, Use, Disclosure, Bias, Industry, S19, Twitter, Mining, CNBC, NASDAQ, Goal, NBTC, Contextual advertising, Financial News, Company, Bitmain, LLC, Growth, Acquisition, BIT, Whinstone, Marketing, Editorial, NYSE, Cryptocurrency, Animal, Renewable energy, Public relations

According to a report by CNBC , Bitcoin's biggest investors appear to be upping their positions as the price recovers.

Key Points:

According to a report by CNBC , Bitcoin's biggest investors appear to be upping their positions as the price recovers.
The period is also meaningful because it represents the launch of active operations in cryptocurrency mining with the installation and switch-on in Pennsylvania.
The joint venture plans to invest and build cryptocurrency mining sites with a total capacity of 200MW within two years.
BIT Mining is monitoring current conditions in the market for cryptocurrency mining machines and will consider cost-efficient mining machine acquisitions on an opportunistic basis.

Recent Growth Has Reenergized Cryptocurrency Investors

Retrieved on:

Wednesday, August 25, 2021

NEW YORK, Aug. 25, 2021 /PRNewswire/ -- The cryptocurrency market is on the rebound. This year has been full of important development for digital currencies and the global infrastructure supporting this market. After a troublesome and volatile period of time for cryptocurrencies in recent months due to a political crackdown in China on crypto miners, concerns over stronger regulations from governments and the immense energy required to mine Bitcoin, the prices of many of cryptos are once again on the rise. According to a report by CNBC, Bitcoin's biggest investors appear to be upping their positions as the price recovers. In fact, cryptocurrency accounts holding roughly USD 50 Million or more worth of Bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. ISW Holdings Inc. (OTC: ISWH), Bit Digital, Inc. (NASDAQ: BTBT), Riot Blockchain, Inc. (NASDAQ: RIOT), The9 Limited (NASDAQ: NCTY), BIT Mining Limited (NYSE: BTCM)

Key Points:

According to a report by CNBC , Bitcoin's biggest investors appear to be upping their positions as the price recovers.
The period is also meaningful because it represents the launch of active operations in cryptocurrency mining with the installation and switch-on in Pennsylvania.
The joint venture plans to invest and build cryptocurrency mining sites with a total capacity of 200MW within two years.
BIT Mining is monitoring current conditions in the market for cryptocurrency mining machines and will consider cost-efficient mining machine acquisitions on an opportunistic basis.